Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$141,812$141,812$269,100
Remaining term (yrs)21.521.530.0
Secondary amount$0$127,288$0
Funding fee$0$0$0
Note rate4.460%4.460%7.400%
Blended rate5.310%6.582%7.640%
1st payment$851.70$851.70$1,863.19
2nd payment$0.00$848.59$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$150.00$150.00$150.00
MI / mo$119.63$119.63$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,370.49$2,219.08$2,316.18
Cash to close$157,188$29,900$29,900